Terry Smith - Fundsmith 13F Activity & Position Changes (Q3 2020)
As of Sep 30, 2020, the Fundsmith portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 12, 2020. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q3 2020, the filing reported:
New Buys - Colgate-Palmolive Company, Fortinet, Inc.
Increases - Automatic Data Processing, Inc., Becton, Dickinson and Company, Brown Forman Inc, Estee Lauder Companies, Inc. (T, Intuit Inc., and 13 more
Reductions - Check Point, IDEXX Laboratories, Inc., Meta Platforms, Inc., McCormick & Company, Incorporat, Microsoft Corporation, and 2 more
Complete Exits - None reported
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Type | Change Qty |
|---|---|---|---|
|
Q3 2020
|
ADP
Automatic Data Processing, Inc.
|
Buy |
+438,763
|
|
Q3 2020
|
BDX
Becton, Dickinson and Company
|
Buy |
+98,915
|
|
Q3 2020
|
BF-B
Brown Forman Inc
|
Buy |
+388,904
|
|
Q3 2020
|
CHKP
Check Point
|
Sell |
-206,599
|
|
Q3 2020
|
CL
Colgate-Palmolive Company
|
Buy - Position Entry |
+107,251
|
|
Q3 2020
|
EL
Estee Lauder Companies, Inc. (T
|
Buy |
+41,759
|
|
Q3 2020
|
FTNT
Fortinet, Inc.
|
Buy - Position Entry |
+212,445
|
|
Q3 2020
|
IDXX
IDEXX Laboratories, Inc.
|
Sell |
-7,896
|
|
Q3 2020
|
INTU
Intuit Inc.
|
Buy |
+4,324
|
|
Q3 2020
|
IPGP
IPG Photonics Corporation
|
Buy |
+51,681
|
|
Q3 2020
|
JNJ
Johnson & Johnson
|
Buy |
+6,119
|
|
Q3 2020
|
MAR
Marriott International
|
Buy |
+95,665
|
|
Q3 2020
|
META
Meta Platforms, Inc.
|
Sell |
-15,947
|
|
Q3 2020
|
MKC
McCormick & Company, Incorporat
|
Sell |
-1,483
|
|
Q3 2020
|
MSFT
Microsoft Corporation
|
Sell |
-25,399
|
|
Q3 2020
|
NKE
Nike, Inc.
|
Buy |
+508,364
|
|
Q3 2020
|
PAYC
Paycom Software, Inc.
|
Buy |
+18,868
|
|
Q3 2020
|
PEP
Pepsico, Inc.
|
Buy |
+123,478
|
|
Q3 2020
|
PM
Philip Morris International Inc
|
Buy |
+127,460
|
|
Q3 2020
|
PYPL
PayPal Holdings, Inc.
|
Sell |
-29,503
|
|
Q3 2020
|
QLYS
Qualys, Inc.
|
Buy |
+189,908
|
|
Q3 2020
|
SABR
Sabre Corporation
|
Buy |
+971,182
|
|
Q3 2020
|
SBUX
Starbucks Corporation
|
Buy |
+2,045,505
|
|
Q3 2020
|
SYK
Stryker Corporation
|
Buy |
+72,591
|
|
Q3 2020
|
V
Visa Inc.
|
Sell |
-16,129
|
|
Q3 2020
|
VRSN
VeriSign, Inc.
|
Buy |
+68,824
|
|
Q3 2020
|
WAT
Waters Corporation
|
Buy |
+398,223
|